RBI steps in to check rupee gains: Traders
Jun 09 2014 , Mumbai
The rupee was at 59.0400/0500 per dollar by 9:49 a.m., off its session high of 58.98. The currency closed at 59.17/18 on Friday.
The rupee had opened stronger tracking gains in local share markets, which hit record highs for a second straight session on continued hopes of wide-ranging reforms by the new government.